Market Overview

Contactors Procurement Report: Contractor Market Size, Supplier Cost and Cost-Benefit Analysis Available From SpendEdge

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SpendEdge,
a global procurement market intelligence firm, has announced the release
of their Global
Contactors Category - Procurement Market Intelligence Report
.
According to the report, increasing replacement of conventional
contactors with energy-efficient contactors to minimize energy-related
operational expenditure is positively affecting the spend growth
momentum for this category. Additionally, increasing stringency in
energy audits and inspection of plant equipment and machinery in regions
are driving the demand for contactors.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180810005032/en/

Global Contactors Category - Procurement Market Intelligence Report (Graphic: Business Wire)

Global Contactors Category - Procurement Market Intelligence Report (Graphic: Business Wire)

"Buyers are advised to source contractors from low-cost countries to
achieve cost-savings
," says SpendEdge procurement expert Angad
Singh
. "However, while doing so, the suppliers must be evaluated
on factors like logistics costs, quality of products, and their
inventory management capabilities
," added Angad.

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focus on the cost-saving aspects of procurement and the optimization of
category spend.
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a FREE sample report
.

SpendEdge's procurement
market intelligence
reports for the electrical
components
category help in identifying category pricing dynamics to
assist both the buyers and the suppliers to design a cost-effective
category procurement strategy. The reports highlight the supplier
performance benchmarking criteria to help buyers achieve their
procurement goals. Additionally, SpendEdge's reports provide insights on
the sustainability and procurement best practices for the category.

The procurement experts at SpendEdge expect the following factors to
play a key role in influencing the global category spend for contractors
market.

  • Rising replacement of conventional contactors with highly
    energy-efficient contactors
  • Stringent energy audits and plant equipment and machinery inspection
  • To know more, View
    the full report
 

SpendEdge is now offering limited-time discounts on report
purchases. Buy two reports and get
the third one for free.

 

Report scope snapshot: Contactors market

Best practices

  • Procurement excellence best practices
  • Procurement best practices
  • Sustainability practices
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    a FREE sample

Category management strategy

  • Supplier and buyer KPIs
  • Outsourcing category management activities
  • Risk management
  • To view this report's table of contents, Download
    a FREE sample

Category pricing insights

  • Total cost of ownership analysis
  • Overview of pricing models
  • Comparison of pricing models
  • To view this report's table of contents, Download
    a FREE sample

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement market intelligence partner
for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

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